Goldman: Stop Shorting Gold...

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Mohave's picture
Mohave
Status: Member (Offline)
Joined: Apr 16 2013
Posts: 9
Goldman: Stop Shorting Gold...

Apparently Goldman Sachs has decided to quit shorting gold and is now suggesting clients close positions. Do you think just maybe they saw all that physical demand after the smash and didn't want to get caught in a short-squeeze?

http://blogs.wsj.com/moneybeat/2013/04/23/goldman-sachs-stop-shorting-gold/

 

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